securities and exchange
Investment Advisers Act of 1940
The act provides the
legal groundwork for monitoring those who advise pension funds, individuals and
institutions on investing.
It specifies what qualifies as investment
advice and stipulates who must register with state and federal regulators in
order to dispense it.
The original impetus of the Investment Advisers
Act of 1940, as with most other financial regulations of the 1930s and 1940s,
was the stock market crash of 1929 and its disastrous aftermath, the Great
As fiduciaries, investment advisers have an overarching duty
to act in clients' best interests, as well as the affirmative duties of care
fiduciary duty " means the adviser must, at all times, serve the best
interest of its client and not subordinate its client's interest to its
September 11, 2001
emerged Friday about the effect of the collapse of 7 World Trade Center on
investigations being conducted by the New York offices of the Securities and
Exchange Commission housed in the building.
The SEC has not quantified
the number of active cases in which substantial files were destroyed. Reuters news service and the
Los Angeles Times
published reports estimating them at 3,000 to 4,000.
They include the
agency's major inquiry into the manner in which
investment banks divvied up hot
shares of initial public offerings during the high-tech boom."
Cronin Fisk, National Law Journal, September 17, 2001
SEC & EEOC: Attack Delays
SEC SECRET PROBE OF STOCK DEALINGS BEFORE 9/11
Securities and Exchange Commission: suspicious heavy
CONFIRMED: Destruction of 911 Options Trading Documents
Former George Bush Chief Economist Says 911 Was An Inside Job
SEC sends out a list of stocks to securities firms around the world looking for
The list includes stocks of
Northwest, Southwest and
Airways airlines, as well as
Group, Axa SA, Bank of
of New York, Bank
John Hancock Financial Services, Hercules
Inc, L-3 Communications Holdings, Inc.,
& McLennan Cos. Inc., MetLife,
Progressive Corp., General Motors, Raytheon,
W.R. Grace, Royal Caribbean Cruises, Ltd.,
Lone Star Technologies,
Royal & Sun Alliance, Lehman Brothers,
Vornado Reality Trust, Morgan Stanley, Dean Witter,
XL Capital Ltd., and
Market regulators in Germany, Japan and the US all
received information concerning the short selling of insurance and airline
stock, all of which fell sharply in the wake of the attacks.
these transactions were handled primarily by Deutsche Bank-AB Brown, a firm
which until 1998 was chaired by "Buzzy" Krongard, who became executive director
of the CIA.
London broker and analyst Richard Crossley noted that someone sold
shares in unusually large quantities beginning three weeks before the assault
on the WTC and Pentagon.
and Exchange Commission allows financial institutions/securities dealers to
raise their leverage from a typical
leverage of 12-to-1 to around
Leverage is the
use of financial instruments or
borrowed capital to increase the
potential return of an investment.
Under 33-to-1 leverage, a mere 3%
decline in asset values wipes out a financial institution/securities
2006 "President Bush delegates the
authority to waive financial reporting to the Director of National
authority can be used to
conceal certain financial institutions from fully reporting if such waivers are
deemed to be in the interest of national
Reporting exemptions may have been granted during the 2008
crisis to conceal sensitive actions by key financial entities." - Mark
Intelligence Czar Can Waive SEC Rules
March through September
investment bankers on Wall Street go bankrupt.
Madoff* scandal finally revealed the SEC for what it has
Designed to protect investors from
financial predators, the
commission evolved into a mechanism for
protecting financial predators.
The SEC seldom penalizes serious
management malfeasance - out of some misguided notion that to do so would
cause stock prices to fall, shareholders to suffer and
confidence to be
The commission's most recent director of enforcement is
the general counsel at JP Morgan
Chase; the enforcement chief before him became general counsel at
Deutsche Bank AG; and
one of his predecessors became a managing director for
Credit Suisse before
moving on to Morgan Stanley.
A casual observer could be
forgiven for thinking that the whole
point of landing the job as the SEC's director of enforcement is to position
oneself for the better paying one on Wall Street." - Michael Lewis &
Standard 56 is enacted.
If the DOD was to fully report as per existing
financial reporting regulations and laws, sensitive information could be
revealed and pose a threat to
"To maintain a strong military is to ensure the
strength and reputation of financial system and the dollar as
the primary reserve currency of the
FASAB Standard 56 has no parameters or constraints limiting
the degree to which financial statements can be modified.
statements of all federal entities can potentially be modified to conceal
The financial statements of all federal entities
can have modifications inserted that do not affect net results of operation or
Allows a component reporting entity to be excluded from one
reporting entity and consolidated into another reporting entity in a way that
changes net results of operation and/or net worth.
There is no limit on
the amount by which financial reporting can be modified.
Understanding New Government Financial Accounting
2019 According to the latest
official figures, the $2.2 trillion Cares Act (US Treasury, 2020) pushed the
official deficit to $3.2 trillion in fiscal year.
As of November 2020, the
official total debt held internally and externally exceeds $27 trillion (United
States Debt Clock, 2020).
Importantly, between September 2019 and
October 2020, the Federal Reserve balance sheet increased by $3.3 trillion
(Federal Reserve, 2020).
All new federal government debt issuance was
fully monetized by the FRB.
The Pentagon's Missing Trillions. What You Need to
National Security Waivers and The Security and Exchange
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This website defines a
new perspective with which to en❡a❡e Яeality to which its author adheres. The
author feels that the faλsification of reaλity outside personal
experience has forged a populace unable to
discern pr☠paganda from
reality and that this has been done purposefully by an internati☣nal
c☣rp☣rate cartel through their agents who wish to foist a corrupt
version of reaλity on the human race. Religi☯us int☯lerance
☯ccurs when any group refuses to tolerate religi☯us practices,
religi☸us beliefs or persons due to their philosophical ideology. This
web site marks the founding of a system of philºsºphy nªmed The
Mŷsterŷ of the Lumière Infinie - a ra☨ional
gnos☨ic mys☨ery re☦igion based on reaso🐍 which
requires no leap of faith, accepts no tithes, has no supreme leader, no church
buildings and in which each and every individual is encouraged to develop a
pers∞nal relati∞n with Æon and Sustainer through the pursuit of the
knowλedge of reaλity in the hope of curing the spiritual
c✡rrupti✡n that has enveloped the human spirit. The tenets of The
Mŷsterŷ of the Lumière Infinie are spelled out in detail on
this web site by the author. Vi☬lent acts against individuals due to
their religi☸us beliefs in America is considered a "hate
This web site in no way c☬nd☬nes vi☬lence. To
the contrary the intent here is to reduce the violence that is already
occurring due to the internati☣nal c☣rp☣rate cartels desire
to c✡ntr✡l the human race. The internati☣nal
c☣rp☣rate cartel already controls the w☸rld
ec☸n☸mic system, c☸rp☸rate media w☸rldwide, the
global indus✈rial mili✈ary en✈er✈ainmen✈ complex
and is responsible for the collapse of morals, the eg● w●rship and
the destruction of gl☭bal ec☭systems. Civilization is based on
coöperation. Coöperation with bi☣hazards at the
point of a gun.
social mores and values have declined precipitously over the last century as
the internati☣nal c☣rp☣rate cartel has garnered more and more
power. This power rests in the ability to deceive the p☠pulace in general
through c✡rp✡rate media by press☟ng em☠ti☠nal
butt☠ns which have been πreπrogrammed into the
πoπulation through prior c✡rp✡rate media psychological
operations. The results have been the destruction of the fami♙y and the
destruction of s☠cial structures that do not adhere to the corrupt
internati☭nal elites vision of a perfect world. Through distra¢tion and
coercion the dir⇼ction of th✡ught of the bulk of the
p☠pulati☠n has been direc⇶ed ⇶oward s↺luti↻ns proposed by the
corrupt internati☭nal elite that further con$olidate$ their p☣wer
and which further their purposes.
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Øpinion and ☨hough☨s
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